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Baidu (BIDU)
NASDAQ:BIDU
Baidu (BIDU) Stock Price & Analysis
11,452 Followers
BIDU Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$85.93 - $156.98
Previous Close$86.21
Volume2.56M
Average Volume (3M)3.22M
Market Cap
$31.67B
Enterprise Value$17.62B
Total Cash (Recent Filing)¥27.31B
Total Debt (Recent Filing)¥11.91B
Price to Earnings (P/E)11.4
Beta0.74
Next Earnings
Aug 20, 2024EPS Estimate
$2.7Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.58
Shares Outstanding350,648,925
10 Day Avg. Volume3,138,781
30 Day Avg. Volume3,219,132
Standard Deviation0.14
R-Squared0.04
Alpha0.00084
Financial Highlights & Ratios
Price to Book (P/B)0.16
Price to Sales (P/S)1.33
Price to Cash Flow (P/CF)0.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$150.17Price Target Upside72.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
Baidu News
Bulls Say, Bears Say
Bulls Say
Cloud BusinessBaidu’s Cloud business is sustainably generating operating profit with decent margins, and long-term margin expansion remains on track with the support from increased revenue contribution from AI cloud.
Financial PerformanceNon-GAAP net income of Baidu Core was RMB6.6bn, better than consensus at RMB5.1bn, thanks to better-than-expected cost control.
InnovationsEmbedding AI agents into the Search mobile app will open up a host of plug-ins that leverage real-time information and the user’s Search query history.
Bears Say
Advertising RevenueManagement suggested that its advertising business may be negatively impacted in the near term, especially when BIDU expands on its GenAI trial.
Macroeconomic ConditionsAd growth is expected to be soft for the next few quarters due to weak macroeconomic conditions.
Revenue GrowthThe company's total revenue growth has been lowered to 2% from 6%, mainly due to weaker advertising sales.
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Ownership Overview
0.00%
Insiders
7.56% Mutual Funds
16.17% Other Institutional Investors
76.27% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Baidu
Desktop Users
Mobile Users
BIDU FAQ
What was Baidu’s price range in the past 12 months?
Baidu lowest stock price was $85.93 and its highest was $156.98 in the past 12 months.
What is Baidu’s market cap?
Currently, no data Available
When is Baidu’s upcoming earnings report date?
Baidu’s upcoming earnings report date is Aug 20, 2024 which is in 49 days.
How were Baidu’s earnings last quarter?
Baidu released its earnings results on May 16, 2024. The company reported $2.738 earnings per share for the quarter, beating the consensus estimate of $2.198 by $0.541.
Is Baidu overvalued?
According to Wall Street analysts Baidu’s price is currently Undervalued.
Does Baidu pay dividends?
Baidu does not currently pay dividends.
What is Baidu’s EPS estimate?
Baidu’s EPS estimate is $2.7.
How many shares outstanding does Baidu have?
Baidu has 285,054,930 shares outstanding.
What happened to Baidu’s price movement after its last earnings report?
Baidu reported an EPS of $2.738 in its last earnings report, beating expectations of $2.198. Following the earnings report the stock price went up 1.661%.
Which hedge fund is a major shareholder of Baidu?
Among the largest hedge funds holding Baidu’s share is PRIMECAP Management Co. It holds Baidu’s shares valued at 1B.
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Baidu Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$150.17 (72.87% Upside)
$150.17 (72.87% Upside)
Blogger Sentiment
Bullish
BIDU Sentiment 98%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 2.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 11.2%
Last 30 Days ▲ 11.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.03%
12-Months-Change
Fundamentals
Return on Equity
7.91%
Trailing 12-Months
Asset Growth
-1.67%
Trailing 12-Months
Company Description
Baidu
Incorporated in 2000, Baidu, Inc. is a China-based internet search company, which provides internet-related services and online marketing solutions. It operates through the Baidu Core and iQIYI segments. The Baidu Core segment offers keyword-based marketing services. The iQiyi segment focuses on membership and online advertising services. The company's products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor (IME) and Overseas Products.
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BIDU Earnings Call
Q1 2024
0:00 / 0:00
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BIDU Stock 12 Month Forecast
Average Price Target
$150.17
▲(72.87% Upside)
Technical Analysis
Best Analysts Covering BIDU
1 Year
1 Year Success Rate
14/36 ratings generated profit
1 Year Average Return
+1.40%
reiterated a buy rating 2 months ago
Copying James Lee's trades and holding each position for 1 Year would result in 38.89% of your transactions generating a profit, with an average return of +1.40% per trade.
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